Production growth in eight core infrastructure sectors slowed down to 2.3 per cent in February from 3.4 per cent in the same month last year, according to government data. Production of crude oil, natural gas, and refinery products declined during the month. During April-February, the cumulative production growth in infrastructure sectors was 2.9 per cent, compared with 4.4 per cent in the same period of the last financial year.
Dilip Buildcon aims to become near net debt-free by FY28, driven by execution-led cash flows, mining contributions, and InvIT monetisation as order inflows and project awards pick up
Madhya Pradesh Chief Minister Mohan Yadav says Union Budget 2026-27 will boost infrastructure and investment; state Budget will be presented on February 18
FM goes for modest fiscal consolidation, while focusing on services and state capex for growth
India has significantly raised infrastructure spending after the Covid-19 pandemic, aiming to boost economic growth and create more jobs in the world's most populous country
ICRA sees 5% growth in rail budget
Between FY26 and FY30, infrastructure capex is expected to rise to ₹90-100 trillion, up 60 per cent from ₹59 trillion over FY21 and FY25
By 12:00 noon, Highway Infrastructure shares were off day's high, but continued to trade 3.85 per cent higher at ₹64.48 per share. By comparison, BSE Sensex was trading flat at 84,650.59 levels.
Around 9:20 AM, Afcons Infrastructure share was off day's high, but continued to trade 0.8 per cent higher at ₹411.8 per share. By comparison, BSE Sensex was trading 0.19 per cent lower at 85,479.02 l
Backed by a robust order book and strong project pipeline, Interarch Building management is confident of sustaining this growth in the second half of the year.
The government is considering a proposal for creation of a Rs 20,000 crore risk guarantee fund for the infrastructure sector to push investment by the private sector. The establishment of a risk guarantee fund for the infrastructure sector is expected to attract private sector investment by sharing project risks, thereby reducing the burden on project developers, sources said. The fund with initial corpus of Rs 20,000 crore may be managed by National Credit Guarantee Trustee Company Limited (NCGTC), sources said, adding, the fund would underwrite development risk of a new project. Besides, there should be additional safeguards by way of a minimum stake by the developer and risk-based premiums may be charged. The fund would cover losses arising from policy uncertainty and other non-commercial risks, thereby encouraging lenders to extend larger loans to big projects, sources added. For the fund to be successful, sources said, the fund's guarantee must be bankable and there must be .
At 10:00 AM, RDB Infrastructure share price was trading 4.48 per cent higher at ₹48.24. In comparison, BSE Sensex was trading 0.28 per cent lower at 81,933.61 levels.
This is part of India's national critical minerals mission (NCMM), which aims to extend support to Indian public and private sector companies for mapping and exploration of critical mineral assets
January's growth was largely driven by a 14.5% surge in cement production and an 8.3% uptick in refinery products
India-US TRUST (Transforming Relationship Utilizing Strategic Technology) will pave the way for economic and technological cooperation between the two countries, while focus on the IMEC framework will deepen collaboration in infrastructure and economic corridors, according to industry experts. Prime Minister Narendra Modi and US President Donald Trump have agreed on the TRUST initiative, to emphasise on creating strong supply chains of critical minerals, advanced materials, and pharmaceuticals. As per a joint statement issued after the Trump-Modi meeting in Washington, both countries have decided to launch a recovery and processing initiative for strategic minerals such as lithium and rare earth. The two sides will also work together on economic corridors and connectivity infrastructure under the IMEC (India-Middle East-Europe Economic Corridor) and I2U2 frameworks. "TRUST initiative on critical minerals and advanced materials marks a significant step toward economic and technologi
Disqualification period imposed on company, two SPVs reduced from one year to four months
Insurance and pension regulatory norms require that investment papers must have at least an "AA" rating to be eligible for investment from pension and insurance funds
Debt recast in thermal power, recoveries in realty to drive performance
For the first time in 42 months, the output of the core sector has contracted (-1.6 per cent) during August.
The growth in production of eight key infrastructure sectors slowed down to 2 per cent in September as against 9.5 per cent in the same month last year, according to official data released on Wednesday. However, the output growth is positive against a contraction of 1.6 per cent in August. Out of the eight key sectors, three -- crude oil, natural gas and electricity -- recorded negative growth in September. The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.2 per cent during April-September this fiscal. It was 8.2 per cent in the same period last fiscal. The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth.